Banking NewsBanking news continually updated from thousands of sources around the net.Euro zone inflation to stay high - Trichet- July 9, 2008 Inflation in the 15 countries sharing the euro - at the 'worrying' level of 4% in June - risks staying high in the months ahead, ECB President Jean-Claude Trichet warned today.http://www.topix.net/business/banking/2008/07/euro-zone-inflation-to-stay-high-trichet?fro... Top Swiss bank looking to Qatar and other Mideast states- July 9, 2008 UBS is also applying for a licence to operate in the Qatar Financial Centre, she said, without specifying when the bank was expecting an approval.http://www.topix.net/business/banking/2008/07/top-swiss-bank-looking-to-qatar-and-other-mi... KeyCorp's Tom Bunn To Retire in 2009- July 9, 2008 Thomas W. Bunn, vice chair responsible for KeyCorp's national banking business groups, said he will retire effective Feb.http://www.topix.net/business/banking/2008/07/keycorps-tom-bunn-to-retire-in-2009?fromrss=... Dow ends up 152 on decline in oil, Bernanke talk- July 8, 2008 Wall Street finished sharply higher Tuesday as oil prices dropped for the second straight day and investors were encouraged by the possibility of more help for the ailing financial system.http://www.topix.net/business/banking/2008/07/dow-ends-up-152-on-decline-in-oil-bernanke-t... MI shares slide after bank warns of 2Q loss- July 8, 2008 Shares of Marshall & Ilsley Corp., Wisconsin's largest bank, fell the most in more than a quarter-century Monday after the company said Thursday it had an unexpected second-quarter loss of as much as $1.60 a ...http://www.topix.net/business/banking/2008/07/mi-shares-slide-after-bank-warns-of-2q-loss?... Rate rise signals ECB serious about inflation- July 8, 2008 The European Central Bank's interest rate rise sends a signal that it is serious about combating inflation, policymakers said as they staged a public relations offensive to justify Thursday's increase.http://www.topix.net/business/banking/2008/07/rate-rise-signals-ecb-serious-about-inflatio... Narrowing the Gulf- July 8, 2008 A new generation of Islamic banks, which adhere to the sharia prohibition on interest, is setting its sights on the West.http://www.topix.net/business/banking/2008/07/narrowing-the-gulf?fromrss=1 Hope springs eternal for some on the Street- July 8, 2008 Monkeys will fly later this year, if analysts from Deutsche Bank AG, Lehman Brothers Holdings Inc.http://www.topix.net/business/banking/2008/07/hope-springs-eternal-for-some-on-the-street?... Weekend motorcycle accidents in Tenn. leave 3 dead- July 8, 2008 Three people are dead in Tennessee motorcycle accidents, including one incident involving a street race.http://www.topix.net/business/banking/2008/07/weekend-motorcycle-accidents-in-tenn-leave-3... Banks forecast Canada&x27;s economy will rebound- July 7, 2008 OTTAWA : Two Canadian banks have forecast that the country's economy will recover moderately after a surprising retreat in the first quarter, according to reports released Thursday.http://www.topix.net/business/banking/2008/07/banks-forecast-canada-s-economy-will-rebound... |